Wine Market by Product Type, Distribution Channel, End User 2024-2032

The global wine market size reached US$ 483.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 762.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.08% during 2024-2032.

More Info:- https://www.imarcgroup.com/wine-market

1. Global Wine Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved

2. About IMARC Group IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. Across the six major continents and 100+ countries, we work alongside our business partners as one team with a common ambition to achieve unparalleled results, gain a competitive edge, and transform industries. IMARC Group excels in understanding its clients’ business priorities and delivering tailored solutions that drive meaningful outcomes. Our client base spans over 3,000 organizations in the private, public, and social sectors, ranging from high-growth startups to Fortune 500 companies. We provide a comprehensive suite of market entry and expansion services. Our offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. These services are designed to assist companies in evaluating market opportunities, setting up new entities, navigating regulatory landscapes, boosting brand visibility, analyzing competitors, and optimizing procurement strategies.

3. Report Highlight and Description According to the latest report by IMARC Group, titled  "Wine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,"  the  global wine market size reached US$ 483.6 Billion in 2023. Wine is an alcoholic beverage that has been enjoyed by individuals around the world for centuries. It is typically produced from fermented grapes. The art of winemaking, known as viticulture, has evolved, resulting in numerous wine varieties with several flavors, aromas, and characteristics. It is categorized into two main types, including red wine and white wine. Red wine is produced from dark-colored grapes and is typically aged in wooden barrels, which can impart additional flavors and tannins to the wine, while white wine is manufactured from green or yellowish grapes, and it is usually fermented without the grape skins, resulting in a lighter color. Additionally, the flavor profile of wine can be influenced by grape variety, the region where the grapes are grown, known as the terroir, the winemaking techniques employed, and the aging process. Wine enthusiasts often describe wine using terms such as fruity, oaky, dry, sweet, tannic, and acidic to convey its taste and characteristics. Request for a PDF sample of this report: https://www.imarcgroup.com/wine-market/requestsample

4. Report Description Global Wine Market Trends : The wine market is primarily driven by the emerging technology advancement in vineyard management, winemaking processes, and distribution. In addition, technology is improving efficiency and quality across the supply chain, thus contributing to the market growth. Also, various innovations such as precision viticulture, data analytics, and sustainable farming practices are contributing to the market growth. Moreover, the changing consumer preferences and exploration of several varieties, regions, and styles of wine created opportunities for traditional wine-producing regions and emerging wine regions, representing another major growth-inducing factor . Besides this, the growing popularity of wine is raising its consumption across the globe, with the shift toward healthier lifestyles encouraging many consumers to choose wine over other alcoholic beverages due to its perceived health benefits and lower alcohol content, thus accelerating the market growth. Along with this, many studies are suggesting that moderate wine consumption has certain health benefits, such as improving cardiovascular health and reducing the risk of chronic diseases, which encourages consumers to incorporate wine into their lifestyles, further propelling the market growth. Looking forward, IMARC Group expects the market value to reach US$ 762.3 Billion by 2032, exhibiting a CAGR of 5.08% during the forecast period (2024-2032). View Report TOC, Figures and Tables : https://www.imarcgroup.com/wine-market

5. Report Segmentation Breakup by Product Type: Still Wine Sparkling Wine Fortified Wine and Vermouth   Breakup by Color: Red Wine Rose Wine White Wine Breakup by Distribution Channel: Off-Trade Supermarkets and Hypermarkets Specialty Stores

6. Report Segmentation Online Stores Others On-Trade Breakup by Region: North America Asia-Pacific Europe Latin America Middle East and Africa

7. Competitive Landscape with Key Players Accolade Wines Asahi Group Holdings Ltd. Bacardi Limited Bronco Wine Company Castel Frères Chapel Down Group PLC Constellation Brands Inc. E. & J. Gallo Winery Foley Family Wines Pernod Ricard The Wine Group Treasury Wine Estates Limited

8. Key Questions Answered in the Report

9. Table of Contents 1    Preface 2    Scope and Methodology     2.1    Objectives of the Study     2.2    Stakeholders     2.3    Data Sources         2.3.1    Primary Sources         2.3.2    Secondary Sources     2.4    Market Estimation         2.4.1    Bottom-Up Approach         2.4.2    Top-Down Approach     2.5    Forecasting Methodology 3    Executive Summary 4    Introduction     4.1    Overview     4.2    Key Industry Trends 5    Global Wine Market     5.1    Market Overview     5.2    Market Performance     5.3    Impact of COVID-19   5.4    Market Forecast 6     Market Breakup by Product Type 6.1 Still Wine 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Sparkling Wine 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Fortified Wine and Vermouth 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by Color        

10. Table of Contents 7.1 Red Wine 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Rose Wine 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 White Wine 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Distribution Channel 8.1 Off-Trade 8.1.1 Market Trends 8.1.2 Key Segments 8.1.2.1 Supermarkets and Hypermarkets 8.1.2.2 Specialty Stores 8.1.2.3 Online Stores 8.1.2.4 Others 8.1.3 Market Forecast 8.2 On-Trade 8.2.1 Market Trends 8.2.2 Market Forecast 9 Market Breakup by Region 9.1 North America 9.1.1 United States 9.1.1.1 Market Trends 9.1.1.2 Market Forecast 9.1.2 Canada 9.1.2.1 Market Trends 9.1.2.2 Market Forecast For more information, visit : https://www.imarcgroup.com/wine-market/toc

11. Partial List of Clients

12. Partial List of Clients

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